CI Financial Announces Second Quarter Earnings Conference Call and Webcast

CI Financial Announces Second Quarter Earnings Conference Call and Webcast

TORONTO–(BUSINESS WIRE)–CI Financial Corp. (“CI”) (TSX: CIX; NYSE: CIXX) will release its financial results for the second quarter of the 2021 fiscal year on Tuesday, August 10, 2021.

CI will hold a conference call with analysts that day at 10:00 a.m. Eastern Time, led by Chief Executive Officer Kurt MacAlpine and Chief Financial Officer Amit Muni. The call and a slide presentation will be accessible through a webcast or by visiting the Investor Relations page onwww.cifinancial.com. Alternatively, investors may listen to the discussion by dialing 1-866-248-8441 or 647-792-1240 (Passcode: 1076852).

A replay of the call will be available for one year following the presentation (Passcode: 1076852). The webcast will be archived in the Financials section of CI’s website.

About CI Financial

CI Financial Corp. is an independent company offering global asset management and wealth management advisory services. CI managed and advised on approximately C$304 billion (US$245 billion) in client assets as of June 30, 2021. CI’s primary asset management businesses are CI Global Asset Management (CI Investments Inc.) and GSFM Pty Ltd., and it operates in Canadian wealth management through CI Assante Wealth Management (Assante Wealth Management (Canada) Ltd.), CI Private Counsel LP, Aligned Capital Partners Inc., CI Direct Investing (WealthBar Financial Services Inc.), and CI Investment Services Inc.

CI’s U.S. wealth management businesses consist of Barrett Asset Management, LLC, BDF LLC, Bowling Portfolio Management LLC, Brightworth, LLC, The Cabana Group, LLC, Congress Wealth Management, LLC, Dowling & Yahnke, LLC, Doyle Wealth Management, LLC, One Capital Management, LLC, The Roosevelt Investment Group, LLC, RGT Wealth Advisors, LLC, Segall, Bryant & Hamill, LLC, Stavis & Cohen Private Wealth, LLC and Surevest LLC.

CI is listed on the Toronto Stock Exchange under CIX and on the New York Stock Exchange under CIXX. Further information is available at www.cifinancial.com.

This press release contains forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to CI Financial Corp. (“CI”) and its products and services, including its business operations, strategy and financial performance and condition. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar references to future periods, or conditional verbs such as “will”, “may”, “should”, “could” or “would”. These statements are not historical facts but instead represent management beliefs regarding future events, many of which by their nature are inherently uncertain and beyond management’s control. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements involve risks and uncertainties. The material factors and assumptions applied in reaching the conclusions contained in these forward-looking statements include that the investment fund industry will remain stable and that interest rates will remain relatively stable. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market conditions, including interest and foreign exchange rates, global financial markets, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in CI’s disclosure materials filed with applicable securities regulatory authorities from time to time. The foregoing list is not exhaustive and the reader is cautioned to consider these and other factors carefully and not to place undue reliance on forward- looking statements. Other than as specifically required by applicable law, CI undertakes no obligation to update or alter any forward-looking statement after the date on which it is made, whether to reflect new information, future events or otherwise.

Investor Relations

Jason Weyeneth, CFA

Vice-President, Investor Relations & Strategy

416-681-8779

[email protected]

Media Relations

Canada

Murray Oxby

Vice-President, Corporate Communications

416-681-3254

[email protected]

United States

Trevor Davis, Gregory FCA for CI Financial

610-415-1145

[email protected]

KEYWORDS: United States North America Canada

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Nocturne Luxury Villas, Backed by Gladstone Investment Corporation, Announces Second in a Series of Investments in the Luxury Vacation Rental Sector with the Acquisition of St. Barth Properties

PR Newswire

MCLEAN, Va., July 27, 2021 /PRNewswire/ — Nocturne Luxury Villas (“Nocturne” or the “Company”), together with Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), acquired St. Barth Properties, Inc., a leading villa rental manager on the island of Saint Barthélemy in the French West Indies, and its sister company, St. Barth Dream Vacations (DBA St. Barth Properties – St. Barth), based in Gustavia, SBH. This investment is the second in as many months by Nocturne who last month announced its acquisition of Exceptional Stays based in Telluride, CO.

St. Barth Properties was founded in 1989 by Peg Walsh, who is recognized by Condé Nast Traveler as the definitive expert for St. Barth, and represents more than 250 luxury properties for rent on the iconic, eponymous island known as the French Riviera of the Caribbean. A pioneer in the vacation rental industry, Ms. Walsh was joined in the business in 1992 by her son, Tom Smyth, who will become President of St. Barth Properties as well as a senior member of the Nocturne executive management team.

Scott Simmons, Nocturne Chief Executive Officer, commented: “I have known and admired Peg and Tom for many years. They’ve assembled a dynamic team and built a great business, fueled by a passion for the island they love and a dedication to five-star hospitality, as well as exceeding guest and homeowner expectations.  We’re thrilled to now be working with them.”

Tom Smyth, President of St. Barth Properties, added: “Peg and I are proud of our team and the business they’ve helped us create and we believe that Nocturne is the ideal new home for St. Barth Properties. We share their vision and look forward to being part of it.”

Peter Roushdy, Executive Vice President and Managing Director of Gladstone Investment’s investment adviser, observed: “There are no two better markets from which to launch the Nocturne luxury villa rental platform than St. Barth and Telluride and there are no two better companies in these markets than St. Barth Properties and Exceptional Stays.”

Gladstone Investment partnered with Aureus Capital and members of the Company’s executive management in the formation of Nocturne, a platform for acquiring and integrating luxury vacation rental management companies. Nocturne was founded by Scott Simmons, Marshall Calder and Carl Colletti, Nocturne’s Chief Executive Officer, President and Chief Financial Officer, respectively.

For additional information, visit: www.nocturneluxuryvillas.com or contact the Company at: [email protected]

Media Contact:
Stephanie Loeber
Loeber Communications
E: [email protected] 
P:  617.510.0577

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SOURCE Nocturne Luxury Villas

Verso Corporation Announces Second Quarter 2021 Earnings Conference Call and Webcast

PR Newswire

MIAMISBURG, Ohio, July 27, 2021 /PRNewswire/ — Verso Corporation (NYSE: VRS) today announced that it will host a conference call and webcast for analysts and investors on Friday, August 6, 2021 at 9 a.m. (EST) to discuss second quarter 2021 financial results.

Analysts and investors may access the live conference call only by dialing 888-317-6003 (U.S. toll-free), 866-284-3684 (Canada toll-free) or 412-317-6061 (international) and referencing elite entry number 1830797 and Verso Corporation. To register, please dial in 10 minutes before the conference call begins. The news release and second quarter 2021 results will be available on Verso’s website at http://investor.versoco.com by navigating to the Financial Information page.

Analysts and investors may also access the live conference call and webcast by clicking on the event link https://www.webcaster4.com/Webcast/Page/1524/42246 or by visiting Verso’s website at http://investor.versoco.com and navigating to the Events page. Please go to this link at least one hour before the call and follow the instructions to register, download and install any necessary audio/video software.

A telephonic replay of the call can be accessed at 877-344-7529 (U.S. toll-free), 855-669-9658 (Canada toll-free) or 412-317-0088 (international), access code 10159009. The replay will be available starting at 11 a.m. (EST) Friday, August 6, 2021, and will remain available until September 3, 2021. An archive of the conference call and webcast will be available at http://investor.versoco.com starting at 11 a.m. (EST) Friday, August 6, 2021, and will remain available for 120 days.

About Verso

VERSO CORPORATION is a leading American owned and operated producer of graphic, specialty and packaging paper and market pulp, with a long-standing reputation for quality and reliability. Verso’s graphic paper products are designed primarily for commercial printing, advertising and marketing applications, including direct mail, catalogs, corporate collateral, books and magazines. Verso’s specialty paper products include release liner papers and label face stock for pressure sensitive, glue-applied and laminate applications. Verso produces packaging paper used in higher-end packaging and printing applications such as greeting cards, book covers, folders, labels and point-of-purchase displays. Verso also makes market pulp used in printing, writing, specialty and packaging papers, facial and toilet tissue, and paper towels. For more information, visit us online at versoco.com.

Forward-Looking Statements

In this press release, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “intend,” “potential” and other similar expressions. Forward-looking statements are based on currently available business, economic, financial, and other information and reflect management’s current beliefs, expectations, and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. Verso’s actual actions and results may differ materially from what is expressed or implied by these statements due to a variety of factors, including those risks and uncertainties listed from time to time in Verso’s filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.

 

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SOURCE Verso Corporation

Extreme Networks First in the Industry to Ship Enterprise Grade Wi-Fi 6E Solution

New Extreme AP4000 is the most advanced Wi-Fi 6E solution in the market, with industry-leading cloud management and ability to operate in 2.4 GHz, 5 GHz, and new 6 GHz band

PR Newswire

SAN JOSE, Calif., July 27, 2021 /PRNewswire/ — Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced a new enterprise-grade Wi-Fi 6E access point: the Extreme AP4000 universal wireless platform, capable of operating in the 6 GHz frequency spectrum. Designed for high-density environments such as schools, warehouses, and healthcare facilities, the AP4000 features best-in-class functionality and intelligence, delivering the highest level of client services without compromising security. Extreme’s lead customers, including large healthcare providers, are rolling out Wi-Fi 6E technology in environments that demand high performance and reliable wireless connectivity to support a dense device population.

Wi-Fi 6E delivers the fastest Wi-Fi available today, enabling multi-gigabit, low latency connections and new use cases for high-reliability customer experiences, eliminating downtime and reducing the risk of data and privacy vulnerabilities. Extreme is the first company to publicly announce that an enterprise organization has taken shipment of its Wi-Fi 6E access point.

About the Universal Wireless AP4000

  • Wi-Fi 6E/6 GHz offers three times the available unlicensed spectrum and is currently available in the US and 40 countries. The AP4000 uses the 6 GHz spectrum to deliver high performance in a clean environment with low interference.
  • The AP4000 leverages advanced security and ML/AI capabilities to meet new demands and challenges on Wi-Fi infrastructure, brought on by new devices, applications, and users. Coupled with the ExtremeCloud™ IQ network management platform, it allows for simplified deployment, management, and highly secure Wi-Fi in high-density environments.
  • With three 2×2:2 radios, the AP4000 provides high-efficiency, high-performance 802.11ax aggregate data rates up to 3.9 Gbps and operates simultaneously across the 6 GHz, 5 GHz, and 2.4 GHz bands.
  • Architected with the Broadcom FBAR tri-band filter, the AP4000 enables superior tri-band radio performance across 5 GHz and 6 GHz spectrum without the need for a software or hardware upgrade.
  • Additionally, the AP4000 offers the smallest form factor enterprise-grade Wi-Fi 6E access point (8″ x 8″ x 1.5″) for aesthetic and flexible placement. It fits easily into Extreme mounting brackets when replacing previous generation access points.

Executive Perspective:



Nabil Bukhari, Chief Product Officer and Chief Technology Officer, Extreme Networks

“We’re extremely proud to say we’re the first to deploy an enterprise-grade Wi-Fi 6E access point in a customer environment. Coupled with our ExtremeCloud IQ network management platform, we are providing today’s highly distributed organizations with the industry’s most advanced cloud-managed Wi-Fi solution. The availability of the 6 GHz spectrum is opening incredible opportunities for new services, allowing organizations to increase reliability and reduce operational expense and risk. Wi-Fi 6E will greatly improve bandwidth, performance, and eliminate the frustration of slow devices and applications.”

Pricing and Availability

  • Pricing starts at $999 USD, $1049 EU, and $1099 in APAC and is available for orders now.
  • Extreme offers a single universal SKU for a simplified sales ordering and deployment and has eliminated the need for country-specific SKUs.
  • To simplify deployment and network management, the AP4000 can be deployed with Extreme Campus Controllers or with ExtremeCloud IQ.

About Extreme Networks
Extreme Networks, Inc. (EXTR) creates effortless networking experiences that enable all of us to advance. We push the boundaries of technology leveraging the powers of machine learning, artificial intelligence, analytics, and automation. Over 50,000 customers globally trust our end-to-end, cloud-driven networking solutions and rely on our top-rated services and support to accelerate their digital transformation efforts and deliver progress like never before. For more information, visit Extreme’s website at https://www.extremenetworks.com/ or follow us on LinkedIn, YouTube, Twitter, Facebook, or Instagram.

Extreme Networks, ExtremeCloud, and the Extreme Networks logo are trademarks or registered trademarks of Extreme Networks, Inc. in the United States and other countries. Other trademarks shown herein are the property of their respective owners.

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SOURCE Extreme Networks, Inc.

FOX News Channel Reigns as Top-Rated Network in Both Total Day and Primetime Viewers in All of Basic Cable in July

FOX News Channel Reigns as Top-Rated Network in Both Total Day and Primetime Viewers in All of Basic Cable in July

FNC’s “Tucker Carlson Tonight,” “Hannity,” “The Five” and “The Ingraham Angle” Comprise Highest-Rated Programs for the Month

“Gutfeld!” Dominates Cable News, Outpaces Broadcast and Cable Late Night Programs as well as Every CNN Offering

CNN’s “New Day” Finishes July as Lowest-Rated Cable News Show, Posting its Least-Watched Month Since 2014

NEW YORK–(BUSINESS WIRE)–
FOX News Channel (FNC) completed the month of July as the most-watched network in all of basic cable, sweeping the competition in total day and primetime total viewers, according to Nielsen Media Research. Between 8-11 PM/ET, FNC delivered 2.1 million viewers, 333,000 in the 25-54 demographic, and 199,000 with A18-49. In total day, FNC garnered 1.2 million viewers, 201,000 with the key 25-54 demo and 120,000 with A18-49. The network also claimed eight of the top 10 cable news programs in overall viewers, 14 of the top 17 with A25-54 and comprised 61 of the top 100 cable telecasts for the month.

Notably, CNN’s viewership fell to new lows since the start of the year, notching its lowest-rated month in total day demo since September 2014. In primetime, CNN lost over half its audience since the start of the year, down 68 percent in total viewers and 76 percent in the demo. In total day, CNN again plummeted by 69 percent in overall viewers and saw 76 percent declines in the demo. Meanwhile, MSNBC also lost over half its audience in all categories since January 2021 to date, as FNC remains the top-rated cable news network year-to-date in both total day and primetime total viewers. Additionally, FNC was down the least in cable news in both categories across the board (down only 17 percent in primetime total viewers; 21 percent in primetime demo and down just 13 percent in total day viewers; 17 percent in total day demo), easily retaining the most audience since the start of the year.

At 8 PM/ET, Tucker Carlson Tonight completed the month as the top-rated program in its timeslot in all categories, averaging over 3 million viewers and 520,000 in the 25-54 demo, as well as 319,000 in the 18-49 category. Hannity at 9 PM/ET followed suit in both categories, averaging 2.7 million viewers in July, 422,000 in the 25-54 demo and 252,000 among adults 18-49, and surpassing timeslot competitors MSNBC’s The Rachel Maddow Show and CNN’s Cuomo Prime Time in both categories. The Ingraham Angle at 10 PM/ET garnered 2.1 million viewers, 347,000 in the 25-54 demo and 200,000 in 18-49 for the quarter, edging out MSNBC’s The Rachel Maddow Show in both younger demos for the month.

Host Greg Gutfeld’s new late night program Gutfeld! finished the month as the number one-rated show in cable news in total viewers at 11 PM/ET, surpassing every CNN program in total viewers as well as various broadcast and cable comedy shows. Meanwhile, timeslot competitor MSNBC’s The 11th Hour with Brian Williams notched the program’s lowest-rated month in the demo since the show’s inception. In Nielsen’s Live+3 measurement, Gutfeld! delivered wins against ABC’s Jimmy Kimmel Live! and NBC’s The Tonight Showwith Jimmy Fallon in total viewers. Averaging 1.5 million viewers and 290,000 with A25-54 for the month, the program also topped The Tonight Show in total viewers in the Live+SD measurement. Gutfeld! crushed TBS’ Full Frontal with Samantha Bee across the board in total viewers and the younger 25-54 demo in both Live+SD and Live+3.

Among FNC’s early and late evening programming, The Five, which marked its 10 year anniversary, dominated the month during the 5 PM/ET hour with 2.5 million viewers and 359,000 in the 25-54 demo, besting every CNN and MSNBC program across the board. FNC’s primetime programs Tucker Carlson Tonight and Hannity, as well as The Five, surpassed ABC’s The View and This Week in overall viewers. Special Report with Bret Baier was number one in its timeslot (weeknights, 6 PM/ET) among total viewers for the month, garnering 1.8 million viewers and 283,000 in the 25-54 demo. At 7 PM/ET, FOX News Primetime, guest-hosted by various rotating hosts, averaged 1.7 million viewers, 289,000 in the 25-54 demo throughout July. Notably, MSNBC’s The Reidout with host Joy Reid delivered the program’s lowest-rated month in total viewers in program history. At 12 AM/ET, FOX News @ Night with Shannon Bream had an average audience of 833,000 viewers and 179,000 in the 25-54 demo.

From 4-6 AM/ET, FOX & Friends FIRST garnered 439,000 viewers. FNC’s FOX & Friends (weekdays, 6-9 AM/ET) marked its fourth straight month as the top-rated cable news morning show across the board, with 1.1 million viewers and 200,000 in the demo, easily outpacing CNN’s New Day and MSNBC’s Morning Joe across both categories. Meanwhile, CNN’s sixth relaunch attempt of New Day delivered its lowest-rated month in the demo since 2014, averaging less than 500,000 viewers (450,000 P2+; 84,000 A25-54) and notching double-digit losses across the board. CNN’s morning news program was the least-watched program in all of cable news in the demo between the hours of 6 AM -12 AM/ET.

FNC’s daytime lineup, kicking off with two-hour morning news program America’s Newsroom with Bill Hemmer and Dana Perino (weekdays, 9-11 AM/ET), saw 1.3 million viewers and 230,000 in the 25-54 demo. The Faulkner Focus at 11 AM/ET, anchored by Harris Faulkner, also notched 1.3 million viewers and 217,000 in the 25-54 demo and bested CNN and MSNBC across the board. At 12 PM/ET, Outnumbered earned 1.4 million viewers and 228,000 in the demo. From 1-3 PM/ET, America Reports with John Roberts and Sandra Smith garnered 1.2 million viewers and 205,000 in the 25-54 demo. At 3 PM/ET, anchor Martha MacCallum’s The Story averaged 1.2 million viewers and 199,000 in the 25-54 demo, while Your World with Neil Cavuto at 4 PM/ET also nabbed 1.2 million viewers and 198,000 in the 25-54 category for the quarter.

On the weekends, Saturday’s primetime powerhouse lineup swept their respective timeslots and earned the top three highest-rated programs, beating the cable news competition combined in both total viewers and in the demo for the month. FNC’s newest addition to the Saturday primetime lineup, Unfiltered with Dan Bongino (Saturdays at 10 PM/ET), crushed its cable news competitors, besting CNN and MSNBC combined in total viewers. The program delivered 1.3 million viewers and 202,000 with A25-54. Watters’ World (Saturdays at 8 PM/ET) earned the number one program in total viewers, with 1.5 million and 180,000 in the demo. Justice with Judge Jeanine (Saturdays at 9 PM/ET) followed as the next most-watched, also with 1.5 million viewers and 164,000 in the demo. CAVUTO Live airing on Saturday mornings earned 1.1 million viewers and 189,000 with A25-54.

On Sundays, FNC’s Sunday Morning Futures with Maria Bartiromo (Sundays at 10 AM/ET) earned the top-rated spot in both total viewers and the coveted 25-54 category during July, with 1.6 million viewers and 228,000 in the demo. MediaBuzz, hosted by Howard Kurtz at 11 AM/ET, delivered 1.3 million viewers and the next most-watched program in the 25-54 demo, with 218,000, outpacing CNN’s Reliable Sources across the board and a 40 percent advantage over CNN in both categories. In July, the CNN program recorded its lowest-rated month in the demo for the year and its second lowest in overall viewers, averaging only 902,000 viewers and 154,000 with A25-54. Reliable Sources plummeted double digits across the board, shedding half its viewership and 60 percent in the demo since the start of the calendar year. FNC’s newest program on Sunday evenings, SundayNight in America with Trey Gowdy (Sundays at 7 PM/ET), demolished every CNN and MSNBC program in total viewers, drawing an audience of 1.3 million viewers and 156,000 in the 25-54 demo. At 8 PM/ET, Life Liberty and Levin earned 1.4 million viewers and 161,000 in the demo, while The Next Revolution with host Steve Hilton (Sundays at 9 PM/ET) secured 1.2 million viewers and 139,000 in the demo. FOX & Friends Weekend (weekends from 6-10 AM/ET) dominated CNN and MSNBC every hour in both categories for the month, earning 1.1 million viewers and 192,000 in the demo. Additionally, FOX Report with Jon Scott (1 million viewers; 142,000 A25-54) surpassed the cable news competition in its time slot.

JULY 2021 RATINGS FOR THE TOP FIVE PROGRAMS IN CABLE NEWS:

Total Viewers: Tucker Carlson Tonight (3,023,000), Hannity (2,697,000), The Five (2,528,000), The Rachel Maddow Show (2,295,000), The Ingraham Angle (2,071,000)

Adults 25-54: Tucker Carlson Tonight (520,000), Hannity (422,000), The Five (359,000), The Ingraham Angle (347,000), The Rachel Maddow Show (302,000)

JULY 2021 VS. JULY 2020 NIELSEN NUMBERS (seven day week, L+SD):

TOTAL DAY

FNC: 1,186,000 total viewers – down 27% (201,000 in 25-54 – down 27%)

CNN: 596,000 total viewers – down 40% (125,000 in 25-54 – down 50%)

MSNBC: 772,000 total viewers – down 35% (103,000 in 25-54 – down 41%)

PRIMETIME

FNC: 2,124,000 total viewers – down 34% (333,000 in 25-54 – down 36%)

CNN: 856,000 total viewers – down 43% (190,000 in 25-54 – down 52%)

MSNBC: 1,312,000 total viewers – down 37% (168,000 in 25-54 – down 44%)

FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most watched television news channel for more than 19 consecutive years. According to a 2020 Brand Keys Customer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll also named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. Owned by FOX Corp, FNC is available in 80 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

FOX News Media Contact:

Tess Glancey/212-301-3285

KEYWORDS: Australia/Oceania Australia United States North America New York

INDUSTRY KEYWORDS: TV and Radio Other Communications Licensing (Entertainment) Marketing General Entertainment Advertising Entertainment Celebrity Communications Social Media Other Entertainment

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SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Fifth Wall Acquisition Corp. I for Potential Breaches of Fiduciary Duty By Its Board of Directors

PR Newswire

NEW YORK, July 27, 2021 /PRNewswire/ — Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Fifth Wall Acquisition Corp. I (NASDAQ: FWAA).

If you are a shareholder of Fifth Wall Acquisition Corp. I and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:

http://pjlfirm.com/fifth-wall-acquisition-corp-i/

You may also contact Robert H. Lefkowitz, Esq. either via email at [email protected] or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome. 

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SOURCE Purcell Julie & Lefkowitz LLP

New Goldman Sachs and Bipartisan Policy Center Report Shows Action Needed to Increase Small Businesses’ Access to Capital

New Goldman Sachs and Bipartisan Policy Center Report Shows Action Needed to Increase Small Businesses’ Access to Capital

As Paycheck Protection Program funds end, small businesses need more capital; Black-owned small businesses face larger hurdles than their white peers in accessing capital

NEW YORK–(BUSINESS WIRE)–
A new report released today by Goldman Sachs 10,000 Small Businesses Voices in conjunction with the Bipartisan Policy Center shows the strain small business owners across the country are feeling as federal Paycheck Protection Program (PPP) funding is depleted. The report offers urgently needed policy solutions to put main street businesses back on the road to recovery.

In June, 82% of small business owners in a Goldman Sachs 10,000 Small Businesses Voices survey said their PPP funds would run out by the end of July. Yet just 24% said they were confident they could maintain payroll after depletion of PPP funds. Many small businesses say they are in a precarious position: emergency assistance is dwindling, and debt needs to be repaid—yet revenues have not fully recovered. For those seeking new sources of credit, pandemic disruptions are hindering their ability to secure financing.

The report also highlights a troubling fact: Black-owned businesses have significantly more difficulty accessing capital than their white peers. While PPP was broadly effective in sustaining employment at small businesses, its design reflected underlying disparities in access to finance. Challenges faced by Black small business owners include:

  • Black-owned businesses that are low credit risks are half as likely as white-owned firms to receive all the financing they seek, found a 2021 Federal Reserve Banks Small Business Credit Survey.
  • And white-owned businesses are twice as likely to receive all financing sought even when they are medium/high credit risk.
  • Research also finds racial differences in the decision to apply. Black small business owners with high credit scores are more than twice as likely to report a fear of denial than white founders with below median credit.

“As July comes to a close, small businesses across America face a grim reality: their Paycheck Protection Program funding is running dry, but our economy hasn’t fully recovered, the cost of doing business is increasing and their debts are coming due,” said Joe Wall, national director of the Goldman Sachs 10,000 Small Business Voices program. “Together with the Bipartisan Policy Center, our policy recommendations will help ensure a main street recovery continues.”

Policy actions recommended in the report include:

  • Create a long-term, low-interest loan guarantee program to provide flexible, patient credit to allow small businesses to rebuild balance sheets as they restore revenues.
  • Direct the Small Business Administration (SBA) to re-evaluate policies regarding financial performance in previous years to account for the impact of 2020 on small business balance sheets.
  • Make SBA subordination agreements as easy as possible regarding Economic Injury Disaster Loans (EIDL).
  • Consider actions that will expand the lender base in government guarantee programs.
  • Strengthen the capacity of CDFIs to distribute more small business credit in their target communities.
  • Prioritize small business financing as federal, state, and local governments distribute American Rescue Plan relief funds.

“Many American small businesses are still struggling to recover from the pandemic. Federal relief programs were crucial in helping them stay afloat,” said Dane Stangler, Director of Strategic Initiatives at the Bipartisan Policy Center. “Now, new actions are needed to help expand access to the credit they will need to invest and create jobs for their communities.”

The full report with detailed policy recommendations for increasing small business access to capital can be found here.

ABOUT 10,000 SMALL BUSINESSES VOICES

Goldman Sachs 10,000 Small Businesses Voices is an initiative for program participants to organize and advocate for policies that matter to them. It builds on Goldman Sachs 10,000 Small Businesses, which over the past decade has provided access to education, capital, and support services to more than 10,000 small business owners across all 50 states, Puerto Rico, and Washington D.C.

Abbey Collins, Goldman Sachs, 212-902-5400

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Small Business Banking Professional Services Finance

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ATSG to Host Second Quarter 2021 Investor Conference Call

ATSG to Host Second Quarter 2021 Investor Conference Call

WILMINGTON, Ohio–(BUSINESS WIRE)–
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, August 6, 2021, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2021.

The company will issue its second quarter 2021 earnings release on Thursday, August 5, 2021, after the stock market closes.

On the day of the conference call, participants should call (800) 708-4540 (international callers: (847) 619-6397) ten minutes before the scheduled start of the call and ask for conference passcode 50205865. The call will also be webcast live in listen-only mode via a link on the company’s website, www.atsginc.com under “Investors” and “Events & Presentations.”

A webcast replay of the conference call will be available via the same website link beginning on Friday, August 6, 2021, at 2 p.m. using the same passcode.

About Air Transport Services Group

ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world’s largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including three airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, passenger ACMI and charter services, aircraft maintenance services and airport ground services. ATSG’s subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance and Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Omni Air International, LLC. For more information, please see www.atsginc.com.

Quint O. Turner, ATSG Inc. Chief Financial Officer

937-366-2303

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Transport Air

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Lamar Advertising and Grocery TV Partner to Package Premium Digital Out-of-Home (DOOH) Advertising through Private Marketplace Deals

As consumers head outdoors, the two advertising networks aim to connect brands with key decision-makers on the road and in retail.

PR Newswire

AUSTIN, Texas, July 27, 2021 /PRNewswire/ — Lamar Advertising, one of the largest out-of-home (OOH) advertising companies in the world, and Grocery TV, a digital out-of-home (DOOH) advertising company in grocery retail, have partnered to package their premium inventories, so that advertisers can activate simultaneously in grocery stores and large-format billboards through a singular PMP (Private Marketplace) deal. The goal of the partnership is to make it easy for brands to reach audiences throughout their daily routines, such as on their drive to work or while they’re running errands in stores, in major DMAs including Los Angeles, Phoenix, and Dallas-Fort Worth.

“We see the partnership with Grocery TV as an opportunity to combine important touch points along the consumer journey,” stated Lamar’s Vice President of Digital Growth, Ian Dallimore. “By running campaigns on our digital billboards along with nearby Grocery TV displays, advertisers can make meaningful connections and build brand credibility.”

Grocery TV saw a 170% and 219% increase in grocery store foot traffic over Memorial Day and the 4th of July, respectively, compared to the pre-vaccine average. A recent survey from Lamar revealed that Americans are also back on the roads, and 83% of consumers say they’re noticing out of home ads while driving.

“As the economy opens back up, we think the fall will be a great opportunity for brands to get in front of consumers, many of whom are excited about a holiday season that looks a little closer to how it did before the pandemic,” said Nolan Johnson, Head of Sales at Grocery TV. “Our team looks forward to working with Lamar to give advertisers a simpler way to plan campaigns across premium DOOH inventory.”


About Grocery TV


Grocery TV is the largest digital advertising network in U.S. grocery with over 6,000 locations. With an average dwell time of 4.5 minutes, their displays measure impressions in real-time using AI technology. Their vision is to help brands grow by making it easier for them to reach their target audience in retail verticals such as grocery, convenience, and home improvement. Please reach out to Raven Garza and Ashley Nickell ([email protected]) for press inquiries.


About Lamar Advertising Company


Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 351,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,700 displays. Please feel free to explore our website www.lamar.com or contact us at [email protected] for additional information.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lamar-advertising-and-grocery-tv-partner-to-package-premium-digital-out-of-home-dooh-advertising-through-private-marketplace-deals-301342442.html

SOURCE Grocery TV

Inter Parfums, Inc. Schedules 2021 Second Quarter Release for Monday, August 9th and Conference Call for Tuesday, August 10th

Inter Parfums, Inc. Schedules 2021 Second Quarter Release for Monday, August 9th and Conference Call for Tuesday, August 10th

NEW YORK–(BUSINESS WIRE)–
Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the second quarter ended June 30, 2021 on Monday, August 9, 2021 after the close of the stock market.

Management will conduct a conference call to discuss financial results and business developments at 11:00 am ET, on Tuesday, August 10, 2021. Interested parties may participate in the call by dialing (201) 493-6749; please call in 10 minutes before the conference call is scheduled to begin and ask for the Inter Parfums call. The conference call will also be broadcast live over the Internet. To listen to the live call, please go to www.interparfumsinc.com and click on the Investor Relations section. If you are unable to listen live, the conference call will be archived and can be accessed for approximately 90 days at Inter Parfums’ website.

About Inter Parfums, Inc.:

Founded in 1982, Inter Parfums, Inc. develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Dunhill, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, MCM, Moncler, Montblanc, Oscar de la Renta, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels. Inter Parfums is also the owner of Lanvin fragrances and the Rochas brand. Through its global distribution network, the Company’s products are sold in over 120 countries.

Contact at Inter Parfums, Inc.

Russell Greenberg, Exec. VP & CFO

(212) 983-2640

[email protected]

www.interparfumsinc.com

or

Investor Relations Counsel

The Equity Group Inc.

Fred Buonocore, CFA (212) 836-9607/ [email protected]

Linda Latman (212) 836-9609 / [email protected]

www.theequitygroup.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Fashion Other Retail Cosmetics Retail Specialty

MEDIA:

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